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0.0388059701492537 0.0388059701492537 0.0388059701492537 0.0626865671641791 0.0716417910447762 0.0417910447761194 0.0238805970149254 0.0238805970149254
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Data I/O Reports Fourth Quarter 2023 Results

Data I/O Corporation (DAIO) 
Company Research Source: Business Wire
2023 Revenue Growth of 16%; Bookings Momentum in Fourth Quarter;Most New Customer Wins in 6 YearsCompany Returns to Profitability on Higher Sales, Margin and Efficiency Improvements REDMOND, Wash.--(BUSINESS WIRE)--Data I/O Corporation (NASDAQ: DAIO), the leading global provider of advanced security and data deployment solutions for microcontrollers, security ICs and memory devices, today announced financial results for the fourth quarter ended December 31, 2023.Fourth Quarter 2023 HighlightsNet sales of $6.9 million; bookings of $7.2 millionQuarter-end backlog of $2.8 millionGross margin as a percentage of sales of 58.0%Net income of $144,000 or $0.02 per diluted shareAdjusted EBITDA* of $514,000Cash & Equivalents of $12.3 million; no debtFull Year 2023 HighlightsNet sales of $28.1 million; bookings of $25.8 millionGross margin as a percentage of sales of 57.7%Net income of $486,000 or $0.05 per diluted shareAdjusted EBITDA of $2.3 millionAutomotive Electronics represented 63% of Show less Read more
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